Qumu Corporation (the Company) entered into an Agreement and Plan of Merger (the Merger Agreement), dated December 17, 2022, with Enghouse Interactive Inc. (Parent), and Cosmos Merger Sub Inc. and a wholly owned subsidiary of Parent (Merger Sub), providing for the acquisition of the Company by Parent in an all-cash transaction, consisting of a tender offer (the Offer) for all of the outstanding shares of the Company's common stock, par value $0.01 per share (the Common Stock), followed by a subsequent merger of Merger Sub with and into the Company (the Merger), with the Company surviving the Merger as a wholly-owned subsidiary of Parent. Effective as of the Effective Time, Thomas A. Krueger, the Company's Chief Financial Officer, resigned from all director positions with the Company's subsidiaries.
1st Jan change | Capi. | |
---|---|---|
-22.91% | 209B | |
+2.08% | 59.31B | |
-22.94% | 57.19B | |
-10.38% | 46.22B | |
-6.91% | 36.62B | |
-0.44% | 36.58B | |
-10.90% | 28.31B | |
+101.71% | 26.95B | |
+0.33% | 20.89B |